Euro surge threatens profitable bond trades

Andrea Cicione, head of strategy at TS Lombard estimates, that Japanese investors can get a yield pick up of 25 basis points for German bunds, 52 basis points for French debt and 165 basis points for Italian bonds respectively. “That is far more than what investing in Japanese bonds can give them,” Cicione said. Ten-year yields in Japan JP10YT=RR were trading around 9 basis points on Wednesday.